AI will is feared to unleash widespread fraud on banks. The rise of the Artificial Intelligence technology carries a lot of promise but also a lot of risk. When it comes to the perils of the AI technology, we’ve heard multiple experts alerting to the ‘macrocosmic’ problems that it can pose to the very survival of humankind, with the alarmism hitting overdrive with provocateur Eliezer Yudkowsky saying ‘I think we’re all gonna die!’ But there’s also the ‘microcosmic’ problems that AI is already unleashing on humanity, in the sense that it quickly became another tool used by criminals – and a powerful one, too! Sometimes there are terrible stories that seem a ‘one-off’ destined to the folklore, as in the case of the French woman…

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